ABU DHABI - Seasonal holiday buying helped lift retail gold sales in Abu Dhabi in December from November after high prices and the global economic slowdown hit sales for most of the year, traders said on Wednesday.
ABU DHABI - Seasonal holiday buying helped lift retail gold sales in Abu Dhabi in December from November after high prices and the global economic slowdown hit sales for most of the year, traders said on Wednesday.
ABU DHABI - The Federal Customs Authority, or FCA, said the country managed to ignore the financial crisis in the first half of last year with two per cent growth in non-oil exports, though imports dropped by two per cent that stabilised the balance of trade.
DUBAI - The new headquarters of the Sharjah Islamic Bank (SIB) was officially opened on Wednesday by His Highness Dr Shaikh Sultan bin Mohammed Al Qassimi,
DUBAI - Crude oil from the Middle East sold to Asia rose against benchmarks after Saudi Arabia lowered its official prices, raising expectations of improvements in processing profits.
DUBAI - HSBC appointed Abdulfattah Sharaf as chief executive officer for the UAE, a new senior management position within the bank.
ABU DHABI — The Secretariat-General of the Gulf Cooperation Council will soon begin the process for inviting tenders for the proposed $25 billion rail network project that links member countries of the council.
JEDDAH — The total economic volume of the four-member Gulf Cooperation Council (GCC) Monetary Council is estimated at about $751 billion, according to Muhammad Al Jasser, governor of the Saudi Arabian Monetary Agency.
SHARJAH — His Highness Dr Shaikh Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, has awarded Khalaf Ahmad Al Habtoor, Chairman of the Al Habtoor Group of Companies, the Sharjah Voluntary Work Award.
DUBAI — The Dubai Gold and Commodities Exchange (DGCX) annual trading volume rose by 32 per cent to 1.5 million contracts in 2009, valuing at $79 billion, the exchange said.
ABU DHABI — Abu Dhabi-listed Waha Capital PJSC has finalised a financing deal worth Dh6.7 billion for the UAE Armed Forces that will facilitate the purchase of nine Airbus and Boeing military transport aircraft.